2024-09-18 02:17:36

What is a crypto IDO (Initial DEX Offering)?

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Youyi

· 2024-09-18 02:20

Dear user, encryptionInitial Dex Offering (Initial DEX Offering, IDO) refers to the process of issuing Tokens for the first time on a Decentralization exchange. In this model, project party can issue Tokens to the public through a Decentralization exchange, instead of relying on traditional centralized exchanges. The characteristics of IDO include direct interaction between project party and users, greater decentralization and transparency, and easier access to project support and participation.